10-Year Treasury Yield in 1997
The US 10-year Treasury yield fell 0.68 percentage points in 1997, from 6.43% at the end of 1996 to 5.75%. Its highest close was 6.98% on Apr 11, and its lowest 5.72% on Dec 19.
10-Year Treasury Yield, daily closes 1997
Numbers mark the events belowKey Events in 1997
What happened, and how the 10Y yield moved — on the day (or the next trading day) and about a month later.
- 1
Tuesday, March 25Fed raises its federal funds target by 25 basis points to 5.50%. Source10Y yield: +0.03 pp that day · +0.17 pp a month later
- 2
Wednesday, July 2Thailand floats the baht, starting the Asian financial crisis. Source10Y yield: −0.03 pp that day · −0.43 pp a month later
- 3
Thursday, October 23Hong Kong Monetary Authority raises overnight rates to defend the dollar peg as the Hang Seng slumps. Source10Y yield: −0.08 pp that day · −0.30 pp a month later
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | 6.53% | +0.10 pp |
| Feb | 6.56% | +0.03 pp |
| Mar | 6.92% | +0.36 pp |
| Apr | 6.72% | −0.20 pp |
| May | 6.67% | −0.05 pp |
| Jun | 6.51% | −0.16 pp |
| Jul | 6.02% | −0.49 pp |
| Aug | 6.34% | +0.32 pp |
| Sep | 6.12% | −0.22 pp |
| Oct | 5.84% | −0.28 pp |
| Nov | 5.86% | +0.02 pp |
| Dec | 5.75% | −0.11 pp |
Other Markets in 1997
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| 10-Year Treasury Yield | −0.68 pp | 5.75% |
| Dow Jones Industrial Average in 1997 | +22.6% | 7,908.24 |
| S&P 500 in 1997 | +31.0% | 970.43 |
| Nasdaq Composite in 1997 | +21.6% | 1,570.35 |
| Russell 2000 in 1997 | +20.5% | 437.02 |
| Nikkei 225 in 1997 | −21.2% | 15,259.00 |
| Gold in 1997 | −21.4% | $290.20 |
| Silver in 1997 | +25.4% | $5.98 |
| WTI crude oil in 1997 | −31.9% | $17.65 |
| Brent crude oil in 1997 | −33.6% | $15.86 |
10-Year Treasury Yield in 1997: FAQ
How much did the US 10-year Treasury yield fall in 1997?
The US 10-year Treasury yield fell 0.68 percentage points in 1997, from 6.43% at the end of 1996 to 5.75%. Its highest close was 6.98% on Apr 11, and its lowest 5.72% on Dec 19.
What were the highest and lowest closes of the US 10-year Treasury yield in 1997?
Highest: 6.98% on April 11, 1997. Lowest: 5.72% on December 19, 1997. It closed higher on 102 of 250 trading days.
What happened to the US 10-year Treasury yield on October 23, 1997?
Hong Kong Monetary Authority raises overnight rates to defend the dollar peg as the Hang Seng slumps. The US 10-year Treasury yield fell 0.08 percentage points that day, and was −0.30 pp a month later.
Data: 10-year constant-maturity Treasury yield (Federal Reserve H.15 via FRED). Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano202610yeartreasuryyieldin, author = {{Corgano}}, title = {10-Year Treasury Yield in 1997}, howpublished = {\url{https://goldprice.corgano.com/market-history/us-10y/1997}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}